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By following the link, I hereby authorise DirectAxis to conduct any enquiry necessary to process my application and confirm that I am currently not under administration, sequestration, debt review or a restructuring order.
By following the link, I agree that DirectAxis, or selected third parties, may offer me products or services that may interest me via post, phone, email, mobile or other means and will always include an opportunity to opt-out of receiving further such offers.
Loansdirect has a number of premium partners who each apply their own credit criteria to assess loan applications. The interest rates charged on their loans range from a minimum of 22.3% to a maximum of 28%, with payment terms between 7- 72 months.
Representative Example (excluding credit life insurance) of a R50 000 loan over 60 months.
Maximum Interest Rate Minimum Interest Rate
Interest Rate 28% 22.3%
Loan Value R50 000
Term 60 months 60 months
APR 31.5% 25.8%
Total Amount Less Capital R49 747 -R39 469
Total Amount R99 748
Monthly Instalment R1 662 -R1 491